Market down by 400 points | Am I Buying? | CA Rachana Ranade
Published: 2022-06-13
Status:
Available
|
Analyzed
Published: 2022-06-13
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
USD INR is predicted to reach an all-time high between 78.5 and 78.6 in the medium term.
"as per r2 resistance to 78.6 and as for option chain 78.5 i'm repeating option chain 78.5 and as per r2 level resistance 2 level 78.6 can be the all-time high in the medium term is what i believe"
Pending
The Nifty 50 is expected to remain above 15,750, presenting an opportunity for long-term investors to deploy their second installment of funds into fundamentally strong stocks.
"if it does i feel that yes it's closing above the support hopefully it does not go below that the screen is right in front of you you can visually see that markets have not gone below this level i believe that all those who are the long-term investors long-term investment investors they have another chance of putting their second installment out of the total five installments in some good stocks which you believe are fundamentally strong stocks"
Pending
The speaker has already deployed the first installment of investment on March 8th and the second installment on the current date, with a contingency plan to invest further if the Nifty reaches 14,500.
"so even if it goes at that level we we would still have some money left in our hands so first installment my first installment has gone on 8th of march today today as i take the stream i had asked my husband to buy stocks as i take the stream he has already bought five stocks which we had already discussed during the eighth march live stream"
Pending
The speaker believes the market will bounce off from current levels, and is deploying the second installment of investment to not miss a potential rally.
"if it doesn't breach that and if market bounces off from here i don't want to miss the rally so today the second installment out of five installment goes into these five stocks as far as my investment strategy is concerned"
Pending
The 15,900 level, representing the 23.6% Fibonacci retracement from the March 2020 lows, is being tested and could lead to further sell-off if not held.
"and one more key level that i would want to just quickly share my screen for so this is the last point that i'm telling so this is the most important point please don't miss out on this so if you see our uh point where we saw this slowest okay okay so um okay so everyone knows that this was the lowest point this is i'm referring to march 2020 so if i were to draw a fibonacci from this level this was the lowest point till it went up to this point roughly right so i'm taking i'm taking the close point here so here this this level is being tested 15 900 is being tested twice it was tested and today is the time when we saw a big gap down so 23.6 level is being tested"
Pending
A previous video discussed the correlation between USD INR and predicted a medium-term highest possible figure around 78.3.
"well if you have already seen one of my youtube videos i'm going to pin the link of that video in the description box it's a very very very important video to be seen okay and uh if you see that i've explained what is the correlation between usd inr and i've also talked about what i believe can be a medium term highest possible figure and in fact if you if you can check that video i had said that it is somewhere between seventy eight point three k as far"
Pending
The speaker personally believes that 78.6 (R2 resistance) and 78.5 (option chain) will be the all-time high for USD INR in the medium term.
"i personally believe that as per r2 resistance to 78.6 and as for option chain 78.5 i'm repeating option chain 78.5 and as per r2 level resistance 2 level 78.6 can be the all-time high in the medium term is what i believe"
Pending
The speaker believes USD INR will not go lower than its current levels and will not reach 78.5 or 78.6 in the medium term.
"technically i feel that okay usd in our done i don't see it going lower than this i don't see 78.5 78.6 being reached in the medium term at least"
Pending
The Nifty 50 did not breach the previous low of 15,671 on the current day, with the low being 15,684.
"and in that the lowest point that we had seen was fifteen thousand six hundred and seventy one did we breach that point today answer is no today's low was fifteen thousand six hundred and eighty four we just were like 10 points above that but we did not breach that"
Pending
The Nifty 50 has found support at 15,750 and is expected to close above this level.
"this is the level see this was the open point one two three four market has taken a support at this level and this level is is of fifteen thousand seven hundred and fifty i'm repeating the level is fifteen thousand seven hundred and fifty we have seen this stated so many times today also it's knocking the same level right now it is above that i believe that there are great chances it may close above this as well"
Pending
If the Nifty closes above 15,750, it presents a good opportunity for long-term investors to deploy their second installment of funds into fundamentally strong stocks.
"if it does i feel that yes it's closing above the support hopefully it does not go below that the screen is right in front of you you can visually see that markets have not gone below this level i believe that all those who are the long-term investors long-term investment investors they have another chance of putting their second installment out of the total five installments in some good stocks which you believe are fundamentally strong stocks"
Pending
On March 8th, the speaker stated they saw no reason for a significant sell-off below a certain level, but also mentioned 14,500 as a potential downside target.
"if you remember on 8th of march i had done the live stream wherein i had told that i believe that markets going below this i don't see any reason why it should sell off crazily below this so even if it does i'd also told the level of 14 500 in that stream"
Pending
The speaker has deployed two installments of investment, the first on March 8th and the second on the current date, into five specific stocks discussed previously.
"so even if it goes at that level we we would still have some money left in our hands so first installment my first installment has gone on 8th of march today today as i take the stream i had asked my husband to buy stocks as i take the stream okay he has already bought five stocks which we had already discussed during the eighth march live stream"
Pending
The speaker has invested in Apple and LTTs as part of their second installment. They have a strategy to deploy further capital at 14,500 if the market falls, or capitalize on a rally if it bounces.
"i i bought apple ltts i'm repeating i bought five stocks today this is my second installment out of fifth so just in case market reaches this important level if it also breaches 15 600 we may see some lower level somewhere around 14 500 as well coming in that case i would want to keep some money with me so that i can put money at these lower levels as well if it doesn't breach that and if market bounces off from here i don't want to miss the rally"
Pending
The second investment installment has been allocated to five stocks: Alkyl Amines, AFL India, Bharti Airtel, Devyani International, and LTTs.
"today the second installment out of five installment goes into these five stocks as far as my investment strategy is concerned it's alkala mines afl india bharti airtel deviant international and ltts"
Pending
US inflation data released over the weekend caused significant market concern.
"the u.s inflation data came up and since then i mean yesterday night itself people are like oh my god what is going to happen to the market when it opens tomorrow"
Pending
The primary trigger for the market panic was the US inflation data released over the weekend.
"the biggest panic that this market saw was the primary trigger i believe was only and only because of the u.s inflation data which came up uh that came up over the weekend saturday sunday i came up and uh the reaction to this was saturday or sunday came up and the reaction was not at all great"
Pending
The US inflation data reached a significant high of 8.6%.
"this was the highest that we have seen the data coming up at at a big level it's 8.6"
Pending
The current US inflation data is the highest recorded since December 1981, marking a 40-year high.
"this inflation data is the highest since december 1981 and the bigger problem so number one it is highest since 1981 that's like almost 40-year data if i'm talking about this is the highest in 40 years"
Pending
While high inflation was expected, the actual figure exceeding 8.4% was perceived negatively by the market.
"and number two the bigger problem see please understand everyone knew that inflation is going off the roof everyone is expecting that inflation is going to be high or at least will be at similar levels as compared to april and everyone felt that it will be somewhere around 8.3 8.4 but anything over and above that was taken badly"
Pending
The presented US inflation data is considered one of the biggest reasons for the current market situation.
"so number one i believe one of the biggest reasons that we can see right now is nothing but the inflation data which was presented"
Pending
Negative events in the US economy, considered a major global economic driver, will have a ripple effect on smaller and medium economies worldwide.
"usa is a big economy it's it's like the daddy mummy economy if something happens to that then it's going to have a ripple effect to all the comparatively smaller economies or the medium economies as well so that is the reason why if something happens in u.s we all are going to face the brunt of it and we are going to see some backlash of that coming into our economy as well"
Pending
Fears of a US recession are increasing due to a previous GDP contraction and the possibility of another decline in the June quarter.
"there has already been contraction in the gdp contraction in gdp means what gdp has already fallen in one quarter people are fearing what if for the june ended also in the gdp number comes down in this case people are fearing recession"
Pending
Both US and Indian governments are prioritizing inflation control, which will likely lead to economic growth contraction.
"right now beat us economy or beat the indian economy both these uh both these governments are definitely giving more and more focus on controlling the inflation so please understand once government is going to try to pull down inflation it is automatically going to contract the growth in the economy"
Pending
Recession fears are more prevalent in the US compared to India.
"recession fears which which people are having more in the us rather than in india"
Pending
A separate video is being released on Wednesday at 9 AM to clarify whether India is in a recession and to explain the concept of recession.
"people some people have started to believe that india is already in a recession is that really so are we in a recession or not for that i have recorded a separate video i've explained the meaning of recession i've explained is really india in the recession or not and that video is going to be released on this wednesday at nine"
Pending
Current market downturns are driven by imported factors from the US (inflation and recession fears), not by Indian domestic economic data.
"in simple words whatever point that i talked about right now both these fears of inflation as well as recession they are not related to our economy as such the trigger points because of which market fell today this is like imported reasons we have imported these reasons from usa and our markets have reacted to the u.s data this is not happening because of the indian data"
Pending
USD INR reached an all-time low today, with the high for the day recorded at 78.30.
"today usd inr saw an all-time low so if you want i can quickly pull up the chat for you as well and i will tell you so let me just quickly share share screen okay done all right so here if you see this is the daily data okay but here if you see a this was so today's high is what high is 78.30"
Pending
A previous video discussed the correlation between USD INR and predicted a medium-term highest possible figure around 78.3.
"well if you have already seen one of my youtube videos i'm going to pin the link of that video in the description box it's a very very very important video to be seen okay and uh if you see that i've explained what is the correlation between usd inr and i've also talked about what i believe can be a medium term highest possible figure and in fact if you if you can check that video i had said that it is somewhere between seventy eight point three k as far"
Pending
A video titled 'INR at all time lows' was made one month prior to this transcript.
"so let me just quickly share so that you can find it as well very easily this is this is the video that you have to watch inr at all time laws i had made this one month ago"
Pending
USD INR is predicted to reach an all-time high between 78.5 and 78.6 in the medium term.
"i personally believe that as per r2 resistance to 78.6 and as for option chain 78.5 i'm repeating option chain 78.5 and as per r2 level resistance 2 level 78.6 can be the all-time high in the medium term is what i believe"
Pending
USD INR's high today was 78.3, forming a shooting star candlestick pattern, suggesting a potential cooling off.
"today's high was nowhere beyond that today's high was 78.3 okay and it has made a very beautiful inverted hammer so if you want to understand what's an inverted hammer you can see that right away see this is the data for you this is today it's still being formed right so uh some time ago when it was much much more clearer inverted hammer candle this means that there is a sorry this is more like a shooting star okay"
Pending
The speaker believes USD INR will not go lower than its current levels and will not reach 78.5 or 78.6 in the medium term.
"technically i feel that okay usd in our done i don't see it going lower than this i don't see 78.5 78.6 being reached in the medium term at least"
Pending
The 15,900 level (23.6% Fibonacci retracement from March 2020 lows) is being tested and could lead to further selling pressure if it fails to hold.
"this was the lowest point this is i'm referring to march 2020 so if i were to draw a fibonacci from this level this was the lowest point till it went up to this point roughly right so i'm taking i'm taking the close point here so here this this level is being tested 15 900 is being tested twice it was tested and today is the time when we saw a big gap down so 23.6 level is being tested be clear on that that yes there could be a possibility that if this this is not held then there may be a chance that we may see some more sell-off"
Pending
US inflation data released over the weekend caused significant market concern.
"the u.s inflation data came up and since then i mean yesterday night itself people are like oh my god what is going to happen to the market when it opens tomorrow"
Pending
The primary trigger for the market panic was the US inflation data released over the weekend.
"the biggest panic that this market saw was the primary trigger i believe was only and only because of the u.s inflation data which came up uh that came up over the weekend saturday sunday i came up and uh the reaction to this was saturday or sunday came up and the reaction was not at all great"
Pending
The US inflation data reached a significant high of 8.6%.
"this was the highest that we have seen the data coming up at at a big level it's 8.6"
Pending
The current US inflation data is the highest recorded since December 1981, marking a 40-year high.
"this inflation data is the highest since december 1981 and the bigger problem so number one it is highest since 1981 that's like almost 40-year data if i'm talking about this is the highest in 40 years"
Pending
While high inflation was expected, the actual figure exceeding 8.4% was perceived negatively by the market.
"and number two the bigger problem see please understand everyone knew that inflation is going off the roof everyone is expecting that inflation is going to be high or at least will be at similar levels as compared to april and everyone felt that it will be somewhere around 8.3 8.4 but anything over and above that was taken badly"
Pending
The presented US inflation data is considered one of the biggest reasons for the current market situation.
"so number one i believe one of the biggest reasons that we can see right now is nothing but the inflation data which was presented"
Pending
Negative events in the US economy, considered a major global economic driver, will have a ripple effect on smaller and medium economies worldwide.
"usa is a big economy it's it's like the daddy mummy economy if something happens to that then it's going to have a ripple effect to all the comparatively smaller economies or the medium economies as well so that is the reason why if something happens in u.s we all are going to face the brunt of it and we are going to see some backlash of that coming into our economy as well"
Pending
Fears of a US recession are increasing due to a previous GDP contraction and the possibility of another decline in the June quarter.
"there has already been contraction in the gdp contraction in gdp means what gdp has already fallen in one quarter people are fearing what if for the june ended also in the gdp number comes down in this case people are fearing recession"
Pending
Both US and Indian governments are prioritizing inflation control, which will likely lead to economic growth contraction.
"right now beat us economy or beat the indian economy both these uh both these governments are definitely giving more and more focus on controlling the inflation so please understand once government is going to try to pull down inflation it is automatically going to contract the growth in the economy"
Pending
Recession fears are more prevalent in the US compared to India.
"recession fears which which people are having more in the us rather than in india"
Pending
A separate video is being released on Wednesday at 9 AM to clarify whether India is in a recession and to explain the concept of recession.
"people some people have started to believe that india is already in a recession is that really so are we in a recession or not for that i have recorded a separate video i've explained the meaning of recession i've explained is really india in the recession or not and that video is going to be released on this wednesday at nine"
Pending
Current market downturns are driven by imported factors from the US (inflation and recession fears), not by Indian domestic economic data.
"in simple words whatever point that i talked about right now both these fears of inflation as well as recession they are not related to our economy as such the trigger points because of which market fell today this is like imported reasons we have imported these reasons from usa and our markets have reacted to the u.s data this is not happening because of the indian data"
Pending
USD INR reached an all-time low today, with the high for the day recorded at 78.30.
"today usd inr saw an all-time low so if you want i can quickly pull up the chat for you as well and i will tell you so let me just quickly share share screen okay done all right so here if you see this is the daily data okay but here if you see a this was so today's high is what high is 78.30"
Pending
A previous video discussed the correlation between USD INR and predicted a medium-term highest possible figure around 78.3.
"well if you have already seen one of my youtube videos i'm going to pin the link of that video in the description box it's a very very very important video to be seen okay and uh if you see that i've explained what is the correlation between usd inr and i've also talked about what i believe can be a medium term highest possible figure and in fact if you if you can check that video i had said that it is somewhere between seventy eight point three k as far"
Pending
A video titled 'INR at all time lows' was made one month prior to this transcript.
"so let me just quickly share so that you can find it as well very easily this is this is the video that you have to watch inr at all time laws i had made this one month ago"
Pending
USD INR is predicted to reach an all-time high between 78.5 and 78.6 in the medium term.
"i personally believe that as per r2 resistance to 78.6 and as for option chain 78.5 i'm repeating option chain 78.5 and as per r2 level resistance 2 level 78.6 can be the all-time high in the medium term is what i believe"
Pending
USD INR's high today was 78.3, forming a shooting star candlestick pattern, suggesting a potential cooling off.
"today's high was nowhere beyond that today's high was 78.3 okay and it has made a very beautiful inverted hammer so if you want to understand what's an inverted hammer you can see that right away see this is the data for you this is today it's still being formed right so uh some time ago when it was much much more clearer inverted hammer candle this means that there is a sorry this is more like a shooting star okay"
Pending
The speaker believes USD INR will not go lower than its current levels and will not reach 78.5 or 78.6 in the medium term.
"technically i feel that okay usd in our done i don't see it going lower than this i don't see 78.5 78.6 being reached in the medium term at least"
Pending
The 15,900 level (23.6% Fibonacci retracement from March 2020 lows) is being tested and could lead to further selling pressure if it fails to hold.
"this was the lowest point this is i'm referring to march 2020 so if i were to draw a fibonacci from this level this was the lowest point till it went up to this point roughly right so i'm taking i'm taking the close point here so here this this level is being tested 15 900 is being tested twice it was tested and today is the time when we saw a big gap down so 23.6 level is being tested be clear on that that yes there could be a possibility that if this this is not held then there may be a chance that we may see some more sell-off"
Pending